CDAY price prediction

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  • 14 October 2022
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aistockpriceprediction.com and DataFortress.cloud are not giving any trading advice. Statistics and opinions stated on this website are purely statistical, and should never be used for real life trading. Form your own decisions and speak with a registered investment advisor before investing.

Predicted price range for Ceridian Hcm Holding Inc

Our trading algorithm values Ceridian Hcm Holding Inc (CDAY) to be fairly valued.

The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.

NameValue
Our valuationfairly valued
Current trenddowntrend
Buy/Sell RecommendationNeutral
Current Price$55.68
60 Day Prediction$49.87
60 Day Pred - Lower Bound$41.37
60 Day Pred - Upper Bound$58.34

Our algorithm predicts the future trend with the linear formula (a*x + b = y):

$ price = -0.165 * nr_days_in_the_future + 54.831

Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.

Historic price development

CDAY traded at $55.68 this Friday October 14th, loosing $-1.83 or -3.2866343504443423 percent since last week.

Looking back, over the last month, CDAY has been loosing $-3.49 or -6.267955899140173 percent.

Over the last year, it has been loosing $-69.03 or -123.97629023159351 percent.

Seasonality of Ceridian Hcm Holding Inc

Using our AI model, we have been analyzing the value change for Ceridian Hcm Holding Inc depending on the day or month of a year. This can be seen in the following graph: